Does Your 401(k) Plan Have an Oversight Committee?
PLAN FIDUCIARY RESPONSIBILITIES Plan sponsors of a 401(k) plan are considered fiduciaries to the plan which means they…
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June 29, 2021
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May 18, 2021
Form 5500 Changes for 2020 Plan Year
IMPORTANT CHANGES TO FORM 5500 As we are nearing the end of May, many service providers are providing…
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March 12, 2021
Is the Limited Scope Audit Going Away?
There’s a New 401(k) Audit Standard If your company 401(k) plan has required an audit over the last…
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November 12, 2020
How to Correct Missed Participant Deferrals
Despite best efforts in administering 401(k) plans, sometimes mistakes are made. One of the most common mistakes is…
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October 22, 2020
Why the 1099-R Form is Important for Your 401(k) Plan
You probably know what a 1099 Form is. You may have personally received one for work done or…
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September 18, 2020
What Employees Should Know About Your Company 401(k) Plan
At Anders, we work with close to 200 different Plan Sponsors of 401(k) plans every year. We often…
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July 27, 2020
401(k) Plan Rollover
If you are the Plan Sponsor of a 401(k) plan, you may receive questions from your employees concerning…
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October 7, 2019
How Much Will My 401(k) Audit Cost?
You may have just found out that your 401k plan needs an audit. If you have not had…
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May 22, 2019
A Guide to Form 5500
If you are the plan sponsor for a 401(k) plan, you will be required to file a Form…
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May 6, 2019
What is a 401(k) Partial Plan Termination?
The Internal Revenue Service defines a partial plan termination as a situation in which more than 20% of…
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